Tax planning

Tax Planning

March 24, 2017
Tax Planning for Salaried Employees

Last Minute Tax Planning for Salaried People

In a matter of days, the current Financial Year will come to an end. For a taxpayer, it is the time to evaluate your performance on your investment goals you set at the start of the year. Unfortunately, this is the time of the year […]
March 23, 2017

How to check TDS (Tax Deducted at Source) online?

Any amount deducted from salary is pinch to our pockets. TDS is deducted when the employee receives his salary. Many questions and doubts come to a novice tax payers mind: Is the TDS deducted paid promptly by the employer? How do I reassure that it […]
March 23, 2017
Gift Tax in India

How to Ensure your Gifts are exempted from Gift Tax in India?

In India we express our love and affection through gifts. Brothers gift sisters on Raksha Bandhan. Parents gift their children on every occasion, especially during marriage. Grandchildren are the recipients of loads of gifts from grandparents. We often hear of cars being gifted and homes […]
March 23, 2017

Section 24 – Income Tax Benefit on Interest on Personal Loan

Escalating realty prices have left borrowers struggling for money even to meet the down-payment requirement. If you have resorted to a personal loan to bridge the gap between housing loan and down-payment, then there is a glimmer of hope in terms of a tax benefit. […]
March 16, 2017
Benami Property & Benami Transaction

All you Need to Know About Benami Property and Benami Transactions

Many of you might have heard about Benami Property Transactions Act. It has been in existence since 1988. If you are still unaware of this Act, its high time that you know a few important things about it. The term “benami” is trending these days […]
March 9, 2017

Can Scribbled and Soiled Notes be Used?

The advent of popular social media platforms like Facebook, Twitter & WhatsApp has made the public more aware of their surroundings but also made them a victim of fake news & baseless rumours. One such incident occurred when an ATM spit out notes with “Sonam […]
March 2, 2017

Tax Planning for the Young and Restless

Rising disposable incomes have meant that younger individuals – even those in their 20s who might have just started working – too feel the need to keep their tax outgo in check. This category of taxpayers could be vulnerable to financial advice driven by commissions […]
December 28, 2016

Five New Year Tax Resolutions You Ought to Make

New Year, new goals, a fresh breeze of change blowing through! Well, it is the right time to promptly correct behaviour which is causing harm and replacing them with those which would go a long way in ensuring happiness and well-being. The year 2016 witnessed […]
December 2, 2016
Tax SAving Expenses

8 Smart Tax Saving Expenses

  With inflation catching the headlines too often have you been worried about expenses draining your income? The Income Tax Act offers some reason to lift your spirits amidst the gloom of expenses. There are more than a handful of expenses that help you slash […]
November 9, 2016
Save arrears from taxes

Protect your arrears from the tax net

Over a crore government staffers and pensioners received their salary arrears in August this year, in line with the seventh Pay Commission’s recommendations, which were implemented with effect from January 1, 2016. Cases like theirs result in a slightly complex situation when it comes to […]